Tanalys

GBP/USD Intraday: bullish bias above 1.487.

Pivot: 1.487

Our preference: Long positions above 1.487 with targets @ 1.501 1.5065 in extension.

Alternative scenario: Below 1.487 look for further downside with 1.481 1.477 as targets.

Comment: The break above 1.487 is a positive signal that has opened a path to 1.501.

Supports and resistances:

1.51 **

1.5065 **

1.501 **

1.4938 Last

1.487 ***

1.481 *

1.477 *

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